Industrial Property with Cooler and
4555 Kingston St, Denver, CO
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Industrial property featuring cooler, freezer space, and heavy industrial zoning.
Type:INDUSTRIAL
Property size:
30,630 SFLot size:
1.69 AcresPrice / SF:
$129/SF- Added:
- Dec 13, 2022
- Days on Market:
- 1268
- Last Refresh:
- May 19 at 10:44 pm
Property Features for 4555 Kingston St
General Information
- Standard status
- Active
- Size
- 30,630 SF
- Lot size
- 1.69 Acres
- Property subtype
- INDUSTRIAL
Listing agent Steve Serenyi
Listing office Colliers - Denver (303) 745-5800
Listing date Dec 13, 2022
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Denver
HighLights
- Extensive cooler and freezer space: approximately 23,000 SF and 5,040 SF respectively.
- Heavy industrial zoning with quick access to I‑70.
- Substantial power supply: 4,000 amps 3‑Phase power distributed throughout.
- Multiple loading docks: 7 dock high doors and 1 drive‑in door.
- Large fenced and paved yard.
- Freon system (most units about 3 years old).
Overview
This industrial property features approximately 23,000 square feet of cooler space and approximately 5,040 square feet of freezer rooms. The property includes a Freon system, with most units about three years old. Floor drains are located throughout the building, which is supplied with 4,000 amps of 3-phase power. Two boilers and two industrial ice machines with a 12-ton capacity can be included. The property has a large fenced and paved yard. It is serviced by seven dock-high doors and one drive-in door. The building has heavy industrial zoning and quick access to I-70. The clear height is 18 feet, and the water tap is 1.5 inches. The property has a total size of 30,630 square feet.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $404.3k | $13.20 |
| − Vacancy | −$31.9k | −$1.04 |
| EGI | $372.4k | $12.16 |
| − OpEx | −$55.9k | −$1.82 |
| NOI | $316.5k | $10.33 |
30,630 SF · lease $13.20/SF/yr · vacancy 7.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$4.52M
$3.96M – $5.28M
NOI $316,519 @ 7.0% cap · market cap 7.97%
Second Best
Industrial
$3.72M
$3.25M – $4.34M
NOI $260,153 @ 7.0% cap · market cap 6.55%
Theoretical Best
Office A
$9.75M
$8.53M – $11.38M
NOI $682,544 @ 7.0% cap · market cap 17.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Northeast Seafood Products
Take-out & Catering
Similar Places Nearby
- Father & Son Movers Denver — 12435 E 42nd Ave Suite 50, Denver, CO 80239
- Closetbox — 12000 E 45th Ave #103, Denver, CO 80239
- Extra Space Storage — 11855 E 40th Ave, Denver, CO 80239
- Public Storage — 10298 E 45th Ave, Denver, CO 80238
- Great Plains Moving and Storage — 4655 geneva st, denver, co 80238
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Arapahoe
- State
- Colorado
- Longitude
- -104.859
- Latitude
- 39.7809
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - Industrial property featuring cooler, freezer space, and heavy industrial zoning.
Where is this warehouse located?
The property is located at 4555 Kingston St Denver, CO.
What is the asking price?
The asking price for this property is $3,970,000.
What are key features of this property?
This property features: Extensive cooler and freezer space: approximately 23,000 SF and 5,040 SF respectively.; Heavy industrial zoning with quick access to I‑70.; Substantial power supply: 4,000 amps 3‑Phase power distributed throughout.
